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The Global Zinc Mining Market Was Valued At $48 Billion In 2017, According To TBRC’s Latest Report

The Global Zinc Mining Market Was Valued At $48 Billion In 2017, According To TBRC’s Latest Report

The global zinc mining market was valued at $48 billion in 2017. Asia Pacific was the largest geographic region accounting for $24.8 billion or 51.8% of the global market. China was the largest country accounting for $16.4 billion or 34.2% of the global zinc mining market.

The global market was valued at $48 billion in 2017, and it is expected to be driven by high demand for power cables and wires from electrical, electronic and construction businesses. Asia Pacific was the largest geographic region accounting for half of the market share.

China was the largest country in zinc mining market in 2017, accounting for more than thirty percent of the global market share.

The top five competitors in the market are Jinchuan Group, Teck Resources, Nyrstar, Tevali Mining, and Hudbay Minerals. Jinchuan Group is the largest player in zinc market in 2017, with revenues of $2.83 billion. It operates through two segments: trading of mineral and metal products, and mining operation, primarily copper and cobalt production. Its products include electrolytic nickel chips, electrolytic nickel squares, electrolytic nickel cathodes, copper, cobalt, and chemical products. It is headquartered in Jinchang City, China.

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